50% off Premium Yearly
SPDR Utilities E.T.F.XLUTOP PICKAug 24, 2015Stock price when the opinion was issued
As of Jun 16, 2026. Market Open.
(Note the short timeframe.) Sector has been helped by falling interest rates, plus forecasted huge uptick in energy requirements by data centres. Also benefits from being defensive. This is the soft way to play that trend. Now seeing topping out and seasonal weakness (January/February). Not a preferred sector at present.
This is a boring position and he doesn’t expect a lot of upside, but also doesn’t expect a lot of downside. Thinks if you were to look at this position a month or 2 from now, you will find it more or less at a similar price. He expects it to be flat but to earn a dividend on it.